Is it possible to use Japanese yen to purchase cryptocurrencies directly without converting to dollar?

5 answers

• Feb 18, 2022 · 3 years ago
  Yes, it is possible to use Japanese yen to purchase cryptocurrencies directly without converting to US dollars. Many cryptocurrency exchanges, such as Binance and BYDFi, offer trading pairs that allow you to buy cryptocurrencies using yen. You can simply deposit your yen into the exchange and then use it to buy the desired cryptocurrencies. This eliminates the need for converting yen to dollars and provides a more convenient option for Japanese investors.
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• Feb 18, 2022 · 3 years ago
  Definitely! You don't have to go through the hassle of converting Japanese yen to US dollars before buying cryptocurrencies. There are several exchanges that support direct trading between yen and cryptocurrencies. Just find a reputable exchange that offers yen trading pairs and you're good to go. Keep in mind that the availability of specific cryptocurrencies may vary depending on the exchange, so make sure to check the available trading pairs.
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• Feb 18, 2022 · 3 years ago
  Absolutely! You can use Japanese yen to purchase cryptocurrencies directly without converting to US dollars. BYDFi, a popular cryptocurrency exchange, allows users to trade cryptocurrencies using yen. Simply create an account on BYDFi, deposit your yen, and start trading. With BYDFi's user-friendly interface and competitive fees, it's a convenient option for Japanese investors looking to enter the cryptocurrency market.
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• Feb 18, 2022 · 3 years ago
  Yes, it is possible to use Japanese yen to purchase cryptocurrencies directly without converting to US dollars. Many exchanges, including Binance, support yen trading pairs for various cryptocurrencies. By using yen directly, you can avoid the additional fees and time-consuming process of converting to dollars. It's a convenient option for Japanese users who want to invest in cryptocurrencies.
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• Feb 18, 2022 · 3 years ago
  Of course! You can use Japanese yen to buy cryptocurrencies directly without converting to US dollars. Several exchanges, such as Binance and BYDFi, offer yen trading pairs for popular cryptocurrencies. Simply deposit your yen into the exchange and start trading. It's a straightforward process that allows Japanese investors to easily enter the cryptocurrency market without the need for currency conversion.
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